Middle East Economic Survey

VOL. L

No 35

27-August-2007

SUPPLY/DEMAND/OPEC

Oil Market In 2H 2007: Fluctuations Torn Between Optimism And Pessimism

By Behrooz Baik Alizadeh

The following article was written for MEES by Behrooz Baik Alizadeh, senior oil market analyst, National Iranian Oil Company (NIOC) balizadeh@nioc.org.

OPEC and the International Energy Agency (IEA) have published their monthly reports about oil market developments. The estimates offered by these two leading bodies for the...